Economic development: other; strategic outreach attraction and reserve fund and related programs; repeal. Amends sec. 2 of 2000 PA 489 (MCL 12.252) & repeals sec. 4 of 2000 PA 489 (MCL 12.254) & secs. 88s & 88t of 1984 PA 270 (MCL 125.2088s & 125.2088t).
HB 5294 repeals the Strategic Outreach and Attraction Reserve Fund in Michigan and related program provisions, removing statutory authority for incentives tied to it.